“Any person who has begun to seriously prepare has had to make compromises between current wants and future needs, how much to spend on preparations, and how many people to stock supplies for. If you’re married, you need to have a spouse that shares your concerns or you’re going to fight over every #10 can the mailman delivers. I don’t need to go into detail on how much you should store, how to store it, or what makes the cut on your List of Lists. The purpose of this article is to help communicate the need to prepare with those in your family that you want to help without alienating them or downgrading your own preparedness plans.
I am a professional firearms instructor and am also employed full time as an emergency management planner. Due to my job, my hobbies, and my personal beliefs, my former mother-in-law delighted in trying to insult me by calling me “Sgt. Tackleberry”. She was unreachable, and I didn’t spend a lot of time trying to convince her of the importance in prepping. She would rather buy timeshares of vacation property than spend money on a basic 72 hour kit. That works for her, and I cannot judge her, but she would not be invited to,“come live with me if it ever did happen,” as she believed.
Other members of my family have thought my preparations were a, “phase”, or some harmless idiosyncrasy. Those family members did not have a negative view of my preparations. They mostly looked at my preparations with amusement. They tolerated my teenage experiments with wild foods or earthquake kits. As I have grown older and they have seen things on the horizon that will personally impact them, they have begun to ask me for my opinion on coming winter storms or whether they should buy gold or guns.”
Via Alt Market
Data Mining: Big Corporations Are Gathering Every Shred Of Information About You That They Can And Selling It For Profit
“When most people think of “Big Brother”, they think of the FBI, the CIA, the NSA, the Department of Homeland Security and other shadowy government agencies. Yes, they are definitely watching you, but so are many big corporations. In fact, there are some companies that are making tens of millions of dollars by gathering every shred of information about all of us that they can and selling it for profit to anyone willing to pay the price. It is called “data mining”, and these data miners want to keep track of literally everything that you do. Most people know that basically everything that we do on the Internet is tracked, but data mining goes far beyond that. When you use a customer rewards card at the supermarket, the data miners know about it. When you pay for a purchase with a credit card or a debit card, the data miners know about it. Every time you buy a prescription drug, that information is sold to someone. Every time you apply for a loan, a whole host of organizations is notified. Information has become an extremely valuable commodity, and thanks to computers and the Internet it is easier to gather information than ever before. But that also means that our personal information is no longer “private”, and this trend is only going to get worse in the years ahead.”
“Speaking at a Brussels conference back in April 2011, Eurogroup President Jean Claude Juncker notably stated during a panel discussion that “when it becomes serious, you have to lie.” He was referring to situations where the act of “pre-indicating” decisions on eurozone policy could fuel speculation that could harm the markets and undermine their policies’ effectiveness.1 Everyone understands that the authorities sometimes lie in order to promote calm in the markets, but it was unexpected to hear such a high-level official actually admit to doing so. They’re not supposed to admit that they lie. It is also somewhat disconcerting given the fact that virtually every economic event we have lived through since that time can very easily be described as “serious”. Bank runs in Spain and Greece are indeed “serious”, as is the weak economic data now emanating from Europe, the US and China. Should we assume that the authorities have been lying more frequently than usual over the past year?”
Via Zero Hedge
“The market was having none of it and sold off over 200 DOW points.
IMHO, with good cause too. Everything except employment was negative; the most-worrisome of employees was that the workweek contracted for a second consecutive month, strongly implying that we’re on the verge of (if not entering right now) an actual recessionary-style slowdown.
The Philly index tends to be one of the better ones when it comes to predictive value. None of these are especially good on a single-month basis, but this is the second bad report in a row, and the broad deterioration suggests trouble dead ahead.
The number of economic indicators that have aligned of late showing significant weakness is starting to become rather difficult to ignore, despite the desire of those who claim we’re in a “recovery.”
Frankly, this looks a lot like the “recovery” we had after 1929, for the same reasons — we didn’t purge the bad debt and overcapacity, instead choosing to protect the imprudent.
We all know what came next.”
Via Market Ticker
“Rewind to 2009. The fight over ObamaCare is raging, and a few news outlets report that something looks ethically rotten in the White House. An outside group funded by industry is paying the former firm of senior presidential adviser David Axelrod to run ads in favor of the bill. That firm, AKPD Message and Media, still owes Mr. Axelrod money and employs his son.
The story quickly died, but emails recently released by the House Energy and Commerce Committee ought to resurrect it. The emails suggest the White House was intimately involved both in creating this lobby and hiring Mr. Axelrod’s firm—which is as big an ethical no-no as it gets.
Mr. Axelrod—who left the White House last year—started AKPD in 1985. The firm earned millions helping run Barack Obama’s 2008 campaign. Mr. Axelrod moved to the White House in 2009 and agreed to have AKPD buy him out for $2 million. But AKPD chose to pay Mr. Axelrod in annual installments—even as he worked in the West Wing. This agreement somehow passed muster with the Office of Government Ethics, though the situation at the very least should have walled off AKPD from working on White-House priorities. “
The USD Trap Is Closing: Dollar Exclusion Zone Crosses The Pacific As Brazil Signs China Currency Swap
“When the US Dollar is ultimately dethroned as the world’s reserve currency (and finally gets rid of all those ridiculous three letter post-Keynesian economic “theories”) nobody will have seen it coming. Well, nobody except for the following headlines: “”World’s Second (China) And Third Largest (Japan) Economies To Bypass Dollar, Engage In Direct Currency Trade”, “China, Russia Drop Dollar In Bilateral Trade”, “China And Iran To Bypass Dollar, Plan Oil Barter System”, “India and Japan sign new $15bn currency swap agreement”, “Iran, Russia Replace Dollar With Rial, Ruble in Trade, Fars Says”, “India Joins Asian Dollar Exclusion Zone, Will Transact With Iran In Rupees.” And while the expansion of the “dollar exclusion zone” was actually quite glaring to anyone who dared to look, one thing was obvious: it was confined to Asia. No more courtesy of the following FT headline: “Brazil and China agree currency swap.” More: “Brazil has provided a vote of confidence in China’s efforts to promote the renminbi as a reserve currency by becoming the biggest economy yet to agree a swap deal with Beijing. Brazil and China announced the R$60bn (US$29bn) local currency swap after a bilateral meeting between Wen Jiabao, the Chinese premier, and Dilma Rousseff, Brazil’s president, on the sidelines of the Rio+20 environmental summit in Rio de Janeiro.””
Via Zero Hedge